Brazil

Wednesday, January 9th 2019 - 19:01 UTC
US government shutdown leaves farmers and markets with no reports on world crops

The U.S. Department of Agriculture (USDA) delayed several major U.S. and world crop reports because of the two-week-old partial government shutdown, the agency said on Friday. New release dates for the monthly World Agricultural Supply and Demand Estimates report and other data originally scheduled for Jan. 11 will be set once government funding is restored, USDA said.
Wednesday, January 9th 2019 - 14:49 UTC
Brazil's Bovespa closes above 92.000 points for the first time ever

Latin American stocks in the region's main markets closed on Tuesday at new highs on the positive outlook for the ongoing US/China trade talks in Beijing. Brazil's Bovespa index ended trading above 92,000 points for the first time ever after hitting several record highs last week.
Wednesday, January 9th 2019 - 08:48 UTC
Brazilian middleman involved in Petrobras corruption arrested in the US

A Brazilian man facing allegations of bribing officials at state-run oil company Petrobras on behalf of Vitol Group, Glencore and other major oil trading firms has been arrested in the United States, authorities said Tuesday.
Wednesday, January 9th 2019 - 08:45 UTC
Domestic car sales in Brazilian domestic market in line with expectations

Car and light truck sales in Brazil went up 13.6% in 2018 from the previous year, cementing the industry’s gradual recovery from a deep recession. Brazil was one of the world’s five biggest auto markets until a recent downturn and, despite last year’s growth, numbers remain lower than at their peak in 2012.
Tuesday, January 8th 2019 - 09:28 UTC
Brazilian government and Petrobras in dispute over billions of dollars

Brazil’s Economy Ministry denied that the government would pay US$ 14 billion to state-controlled oil company Petroleo Brasileiro SA to settle a dispute over an oil-producing zone off the Brazilian coast known as the transfer-of-rights area.
Tuesday, January 8th 2019 - 08:46 UTC
Sao Paulo Shimbun, Japanese community voice in Brazil, printed its last edition

The Sao Paulo Shimbun newspaper has printed its final edition, ending a 72-year run as a vital reference point and voice for Brazil’s several million Japanese community — the largest in the world outside of Japan.
Tuesday, January 8th 2019 - 06:54 UTC
Bolsonaro advances on the Amazon: head of environmental protection agency resigns

The head of Brazil's environmental protection agency has resigned following criticism from the country's newly inaugurated far-right President Jair Bolsonaro.
Monday, January 7th 2019 - 09:37 UTC
Bolsonaro in the process of purging some 3.300 federal staff allegedly communists or socialists

The new government in Brazil, headed by President Jair Bolsonaro, has initiated the process of firing any “communists” and “socialists” working as contractors in government departments contending those holding opposition ideological views cannot properly execute its goals.
Monday, January 7th 2019 - 09:29 UTC
Brazil meat exports had a complicated 2018, buts sales are picking up

Export sales by Brazilian meat processors lagged last year as trade bans and a domestic truckers’ strike weighed on their ability to serve major customers like Russia and the European Union, according to data released by trade group ABPA.
Monday, January 7th 2019 - 09:23 UTC
Organized crime challenges Bolsonaro despite deployment of federal forces

The attacks and fire-bombings sweeping Brazil's northeastern state of Ceara continued unabated Sunday despite the deployment of at least 300 members the elite, military-style National Police Force to help bring an end to the violence.